I understand the concept of investors trying to get as much value as they can, but I agree this is upsurd. With the TMO merger, I was somewhat on the side of the MetroPCS shareholders trying to get more, they had a smaller but profitable company. Clear is a trainwreck, majority owned by another trainwreck, being majority bought out by Softbank who is vibrant and is doing a fantastic job in Japan. While I may never use Sprint, they and TMO doing well is best for all. And who knows in a few years, I may change my mind.

Clearwire investors should be grateful they're getting $2.97. Sprint kept them losers afloat, and this is how you thank them. Investing in stocks is a risk. Trust me, I know because I own Lucent stock at $60 that I never sold. Clearwire investors are getting a second chance to recoup some of their money that most investors never get.

I agree... Clearwire is pretty crappy everywhere... All that I herd from friends who owned a Wimax capable phone is "I get reception sometimes" or Sometimes its there but its not connected" my personal favorite, oh your 3G on Tmobile is faster than my Wimax on Clearwire sigh. hahahahahaha.

The fact that they got so much financial help from Sprint also blows my mind that the investors cant take the time to analyze what they are getting in return for something in my opinion not worth as much as they got period. I am still not sure how Sprint plans to use that spectrum hopefully they use it wisely.